»Profit Hunter by Equitymaster

On This Day - 13 JANUARY 2021
Why I Follow Richa's Cues on the 2021 Smallcap Revival

What a weekend to begin the year!

In case you were an attendee at the recent Equitymaster Conference 2021, which we hosted last weekend, you know exactly what I mean.

Some extremely insightful presentations by the guest speakers like Rajeev Thakkar of Parag Parekh Mutual Fund, Kenneth Andrade of Oldbridge Capital, market veteran Ramesh Damani, and our founder Ajit Dayal, made the sessions super engaging.

But I must highlight that my colleague Richa's presentation on smallcaps was an eye opener in many senses.

I say this because, while all the speakers at the Conference, including yours truly, sounded caution, Richa had a contrarian view. She had a bullish view.


And she had some solid facts plus good reasoning behind it.

I have known Richa for a decade, as a smallcap analyst, with a penchant for picking stocks of solid small businesses.

She tracks down managements, visits factories, attends AGMs and does regular concalls with the smallcaps she likes.

Flying to the remotest parts of the country to vet the tiniest of smallcaps, in person, is something that we expect of Richa.

So, I wasn't surprised at her bullishness on the smallcap stocks she is tracking.

What intrigued me was the manner in which she explained the upside in smallcaps even from the current levels.

Richa has been speaking of the revival in smallcaps for a while now.


Back in October 2019, she was one of the first smallcap analysts in the country, to stick her neck out with this prediction.

She predicted a revival in smallcaps would be the investing success formula for 2020, right at the start of the year.

And even the pandemic failed to thwart it!

In her videos, Richa also explained the metrics of a solid revival and the warning signs for a false one.

But what stood out at the Conference, were ...


Both put in context of current market scenario, it seem like brave calls.

But like I said, we expect that from Richa.

And the proof of the pudding is that some of her recent buy recommendations are already up 30% to 40% in 3 to 4 months.

I for one, would certainly follow Richa's cues about the longevity of the smallcap revival.

What about you?

To know more please click here.

Warm regards,

Tanushree Banerjee
Tanushree Banerjee
Editor, StockSelect
Equitymaster Agora Research Private Limited (Research Analyst)

PS: Book your seat for Richa's Smallcap Revival Summit, please click here.

Copyright © Equitymaster Agora Research Private Limited. All rights reserved.

Any act of copying, reproducing or distributing this newsletter whether wholly or in part, for any purpose without the permission of Equitymaster is strictly prohibited and shall be deemed to be copyright infringement

Disclosure & Disclaimer: Equitymaster Agora Research Private Limited (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity research Company. The Author does not hold any shares in the company/ies discussed in this document. Equitymaster may hold shares in the company/ies discussed in this document under any of its other services.

This document is confidential and is supplied to you for information purposes only. It should not (directly or indirectly) be reproduced, further distributed to any person or published, in whole or in part, for any purpose whatsoever, without the consent of Equitymaster.

This document is not directed to, or intended for display, downloading, printing, reproducing or for distribution to or use by, any person or entity, who is a citizen or resident or located in any locality, state, country or other jurisdiction, where such distribution, publication, reproduction, availability or use would be contrary to law or regulation or what would subject Equitymaster or its affiliates to any registration or licensing requirement within such jurisdiction. If this document is sent or has reached any individual in such country, especially, USA, Canada or the European Union countries, the same may be ignored.

This document does not constitute a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual subscribers. Our research recommendations are general in nature and available electronically to all kind of subscribers irrespective of subscribers' investment objectives and financial situation/risk profile. Before acting on any recommendation in this document, subscribers should consider whether it is suitable for their particular circumstances and, if necessary, seek professional advice. The price and value of the securities referred to in this material and the income from them may go down as well as up, and subscribers may realize losses on any investments. Past performance is not a guide for future performance, future returns are not guaranteed and a loss of original capital may occur. Information herein is believed to be reliable but Equitymaster and its affiliates do not warrant its completeness or accuracy. The views/opinions expressed are our current opinions as of the date appearing in the material and may be subject to change from time to time without notice. This document should not be construed as an offer to sell or solicitation of an offer to buy any security or asset in any jurisdiction. Equitymaster and its affiliates, its directors, analyst and employees will not be responsible for any loss or liability incurred to any person as a consequence of his or any other person on his behalf taking any decisions based on this document.

As a condition to accessing Equitymaster content and website, you agree to our Terms and Conditions of Use, available here. The performance data quoted represents past performance and does not guarantee future results.

SEBI (Research Analysts) Regulations 2014, Registration No. INH000000537.

Equitymaster Agora Research Private Limited (Research Analyst) 103, Regent Chambers, Above Status Restaurant, Nariman Point, Mumbai - 400 021. India.
Telephone: +91-22-61434055. Fax: +91-22-22028550. Email: info@equitymaster.com. Website: www.equitymaster.com. CIN:U74999MH2007PTC175407